From proposing extra help for airline passengers to protecting pensions and from climate change to social care funding – the Government Actuary’s Department (GAD) is showcasing the work we undertake for clients through a suite of newly-published case studies. They can be accessed via a quick link at the top of the GAD website front page.
Actuaries have analytical skills that help our clients’ decision-makers take account of risk and uncertainty. The case studies highlight the vital work and projects which GAD teams deliver as part of the checks and balances of public life.
Wide ranging expertise
Among the examples now featured are stories which illustrate how GAD’s expertise has led to:
- proposed increased assistance for stranded airline passengers
- help for developing countries to plan more effectively for natural disasters
- advice on protecting pensions of public sector workers
- assessments of the actuarial valuations of local government pension funds
- comparisons of survivor pension benefits for people in same-sex and opposite-sex relationships
Reflecting on the breadth of work which GAD teams deliver for clients, the Government Actuary, Martin Clarke said: “These case studies perfectly illustrate the wide-ranging and complex projects that GAD teams work on.
“We provide expert actuarial analysis that helps deliver meaningful and cost-effective solutions and recommendations for government clients and across the public sector.”
This bank of case studies, which will be expanded over time, reflects the main areas where GAD excels namely insurance, investment, modelling, quality assurance, pensions and social security.